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At PwC, it’s the revenge of the auditors

At PwC, it’s the revenge of the auditors

After decades of playing second fiddle, PwC’s audit division is now expected to be the growth engine and the governance model for the future.

Edmund TadrosProfessional services editor

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For decades, Sue Horlin watched her PwC consulting colleagues bring in the prestige clients, high-profile assignments and the big fees. But this year’s catastrophic tax leaks scandal has reset the table at the big four accounting giant and now audit and assurance – long the humbler, more straight-forward and less risky arm of the firm – is expected to be the growth engine and the governance model for the future.

“It has been a really challenging year. And I felt that both emotionally and professionally… and [so have] all of our people,” she tells The Australian Financial Review.

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Edmund Tadros
Edmund TadrosProfessional services editorEdmund Tadros leads our coverage of the professional services sector. He is based in our Sydney newsroom. Connect with Edmund on Twitter. Email Edmund at edmundtadros@afr.com.au

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Original URL: https://www.afr.com/companies/professional-services/at-pwc-it-s-the-revenge-of-the-auditors-20231022-p5ee4v